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Safe harbor method for bonus depreciation on vehicles
Are we able to use the safe harbor method for a car purchased and put into service in 2023?
https://www.irs.gov/pub/irs-drop/rp-19-13.pdf
Please reference the table on page 9
I’m asking because the IRS says: “The safe harbor method does not apply to a passenger automobile placed in service by the taxpayer after 2022”
Here is where they say that:
September 3, 2023
1:24 PM